Ibex Wealth Advisors Purchases 6,262 Shares of The Charles Schwab Corporation $SCHW

Ibex Wealth Advisors increased its position in The Charles Schwab Corporation (NYSE:SCHW) by 11.8% in the first quarter, HoldingsChannel reports. The firm owned 59,355 shares of the financial services provider’s stock after purchasing an additional 6,262 shares during the quarter. Ibex Wealth Advisors’ holdings in Charles Schwab were worth $5,578,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SCHW. Munich Reinsurance Co Stock Corp in Munich grew its stake in Charles Schwab by 41.0% in the first quarter. Munich Reinsurance Co Stock Corp in Munich now owns 145,410 shares of the financial services provider’s stock worth $13,666,000 after purchasing an additional 42,247 shares during the period. Seelaus Asset Management LLC purchased a new position in Charles Schwab during the first quarter valued at $204,000. Stenger Family Office LLC lifted its position in Charles Schwab by 7.2% during the first quarter. Stenger Family Office LLC now owns 32,790 shares of the financial services provider’s stock valued at $3,082,000 after buying an additional 2,212 shares during the period. Duncker Streett & Co. Inc. boosted its holdings in shares of Charles Schwab by 918.9% during the 1st quarter. Duncker Streett & Co. Inc. now owns 540 shares of the financial services provider’s stock valued at $51,000 after buying an additional 487 shares in the last quarter. Finally, WealthPLAN Partners LLC boosted its holdings in shares of Charles Schwab by 16.7% during the 1st quarter. WealthPLAN Partners LLC now owns 6,115 shares of the financial services provider’s stock valued at $575,000 after buying an additional 877 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on SCHW. Barclays decreased their price target on shares of Charles Schwab from $127.00 to $122.00 and set an “overweight” rating for the company in a research note on Thursday. Raymond James Financial boosted their price objective on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Morgan Stanley cut their price objective on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. UBS Group raised their target price on shares of Charles Schwab from $119.00 to $122.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Charles Schwab in a report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.89.

Charles Schwab Price Performance

SCHW opened at $101.92 on Friday. The stock has a 50-day moving average price of $91.40 and a 200-day moving average price of $95.29. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market cap of $177.25 billion, a PE ratio of 20.22, a P/E/G ratio of 0.93 and a beta of 0.77. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion for the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter in the previous year, the business posted $1.04 EPS. Charles Schwab’s revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts predict that The Charles Schwab Corporation will post 6.14 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, May 8th. Charles Schwab’s dividend payout ratio is currently 25.40%.

Insider Activity

In related news, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $100.01, for a total value of $200,020.00. Following the transaction, the insider directly owned 13,738 shares of the company’s stock, valued at approximately $1,373,937.38. This represents a 12.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul V. Woolway sold 7,941 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the transaction, the insider directly owned 29,866 shares in the company, valued at $2,986,600. This trade represents a 21.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 63,700 shares of company stock worth $6,283,211. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab News Roundup

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Barclays kept an Overweight rating on Charles Schwab while only trimming its price target to $122 from $127, implying meaningful upside from current levels and signaling continued analyst confidence. Article Title
• Positive Sentiment: Charles Schwab is expanding its digital assets team ahead of a planned crypto trading rollout, a move that could open a new revenue stream and strengthen its long-term competitive position. Article Title
• Positive Sentiment: Brokerage coverage remains broadly supportive, with Charles Schwab receiving an average “Moderate Buy” rating from analysts, reinforcing expectations for steady fundamentals. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be over, reflecting a more volatile market backdrop that could change trading and investing behavior, but the direct impact on Schwab’s earnings is unclear. Article Title
• Neutral Sentiment: A Wall Street Journal story about a Schwab account tied to the Trumps highlighted an automated trading spree after a legal win, but it appears more headline-driven than financially material to the company. Article Title
• Neutral Sentiment: News that a Schwab executive sold 2,000 shares is worth noting, but the sale is too small to signal a meaningful shift in insider sentiment on its own. Article Title

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.